MEL - Meridian Energy

[Beagle]

MELs hydro catchment due to get a battering of rain over the next few days - In light of lakes being full will be interesting to see how much power is sent north over the HVDC.

https://www.meridianenergy.co.nz/who...s/lake-levels/

Looks like MEL will be running hard into the end of the FY should be a cracker of a result

I am signed up to MEL as a customer so will crank up the heat pump a bit and try and help out their overfull lakes situation. Might help with a few gallons of water lol

[boysy]

Thanks beagle manapouri and te anau ~ 40cm above the main operating range with plenty more rain to come - looks like SI producers are sending as much power north as possible on the HVDC - such a divergence between the current hydro catchments in the NI and SI (NI sitting at around the 1%ile ie 2nd driest April/may on record while SI hydro sitting at the 75%ile -23 wettest on record).the weather gods are certainly looking kind to MEL at present ....


https://www.energylink.co.nz/sites/d...y_20190523.pdf

[boysy]

More of the same overnight with more rain manapouri now 47cm over its main operating range while te anau is 79cm over its main operating range with plenty more rain forecast over next 48 hours. It’s clear MEL will produce as much power as it can as per HVDC flows north ....

Meanwhile Pukaki which is 25cm below being nominally full will get a hammering over the next 48 hours. I suspect the final two months of the year will be absolute rippers in terms of generation.

https://www.meridianenergy.co.nz/who...s/lake-levels/

http://www.em6live.co.nz/PlanningReg...ningregion=lni

[boysy]

Lakes continue to rise

Pukaki full

Manapouri now 70cm over main operating range

Te Anau now 116cm over main operating range

And it’s still raining - look at the price differential between Southland $4 mwh and northland at $97 mwh ...

https://www.meridianenergy.co.nz/who...s/lake-levels/

[fish]

[QUOTE=boysy;761112]Lakes continue to rise

Pukaki full

Manapouri now 70cm over main operating range

Te Anau now 116cm over main operating range

And it’s still raining - look at the price differential between Southland $4 mwh and northland at $97 mwh ...

This is why it pays to have generation in the NI-starting to rain now and heavy rain predicted imminently

[boysy]

Those lakes in the NI are very low - will be interesting to see how much rain makes it into the lakes as the ground is so dry .....

[warren]

Seems to me this company is absolutely blue Hen!
1.Giant non replaceable hydro stations worth Billions today and with unlimited life spans ----doesn't get much better!
2.Cash income to die for!
3.Infrastructure in place!
4.Growing demand for the product!
5.Giant stable partner in ownership!
6.Dividends that are reliable and double what one can get in the bank---wow!

Roll on $10 ---He's coming

[couta1]

Seems to me this company is absolutely blue Hen!
1.Giant non replaceable hydro stations worth Billions today and with unlimited life spans ----doesn't get much better!
2.Cash income to die for!
3.Infrastructure in place!
4.Growing demand for the product!
5.Giant stable partner in ownership!

Roll on $10 ---He's coming

Hey Warren you given up on being an OCA evangelist and decided to join bull on the power company crusade?

[warren]

Hey Warren you given up on being an OCA evangelist and decided to join bull on the power company crusade?

Hello Mr Couta
Never was---just liked blue Hens as did Patrick Hogan (now worth 100 Million) and time will prove it --substantial investor in both and patiently waiting for $2 and $10 for its coming!!

[fish]

Those lakes in the NI are very low - will be interesting to see how much rain makes it into the lakes as the ground is so dry .....

This winter will be very interesting.
The winter rains have started after the driest summer possible
I am hoping the lakes fill quickly-Taupo is surrounded by mountains so most rain will fall on the highest areas and if heavy should quickly fill the rivers.
South Island power prices could fall dramatically in the next few weeks.